Featured Oil & GasUS inventory jump, rate hike worries bring negative volatility in oil sectorIFM CorrespondentFebruary 21, 2023 by IFM CorrespondentFebruary 21, 2023 Russian Deputy PM Alexander Novak announced that the country plans to cut its oil production by 500,000 barrels per day in March 2023... Read more
Featured Oil & GasFearing oil shortage, experts bat for more investments in energy sectorWebAdminFebruary 14, 2023 by WebAdminFebruary 14, 2023 According to the IEA, the expansion of the oil supply will decrease to one million barrels per day... Read more
Energy FeaturedIndonesia poised for record coal exports in 2023IFM CorrespondentFebruary 8, 2023February 10, 2023 by IFM CorrespondentFebruary 8, 2023February 10, 2023 In 2022 Indonesia produced 687 million tonnes of coal and exported 494 million tonnes... Read more
Featured Oil & Gas Ports and ShippingTiny Spanish port emerges new hub for Russian oil tradeWebAdminFebruary 6, 2023 by WebAdminFebruary 6, 2023 Since December 5, reported volumes of Russian oil on ships have fluctuated, reaching a new low at the end of that month... Read more
Featured Oil & GasOil prices rise amid halt in US Fed rate hikes, China reopeningWebAdminJanuary 30, 2023January 30, 2023 by WebAdminJanuary 30, 2023January 30, 2023 Chinese oil demand rose by about 1 million barrels per day from the previous month to 15.41 million BPD in November, the highest level since February... Read more
Featured Oil & GasMoody’s predicts another budget surplus year for OmanWebAdminJanuary 16, 2023 by WebAdminJanuary 16, 2023 Oman experienced its first USD 2.98 billion budget surplus in close to a decade in 2022, which is credit-positive, according to Moody’s... Read more
Featured Oil & GasOPEC oil production surges despite intended cutsPrajwal WeleJanuary 11, 2023 by Prajwal WeleJanuary 11, 2023 Many crude streams in Nigeria made more oil in December, and some businesses said that security had gotten better... Read more
Featured Oil & GasCrude oil ends 2022 with second straight annual gainWebAdminJanuary 4, 2023 by WebAdminJanuary 4, 2023 The new CEO of Brazil's state-run oil corporation Petrobras announced that he intended to change the nation's fuel price policy... Read more
Economy FeaturedSaudi’s low inflation rate a lesson for G20 countriesWebAdminNovember 11, 2022 by WebAdminNovember 11, 2022 The newest prediction from the IMF predicts that Saudi Arabia's GDP will rise 7.6% this year after accelerating by 3.2% last year... Read more
Featured Oil & GasDrop in Nigeria’s crude oil production causes major concernWebAdminNovember 10, 2022 by WebAdminNovember 10, 2022 The fall in crude oil production threatens the already precarious finances of the most populous country in Africa... Read more